HON

HoneywellIndustrials

$233.24-0.17%

Descending Triangle Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$233.24

FEBMARAPR

HON Chart Update

Technical indicators signal a Descending Triangle forming. Verify the setup on the chart.

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Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:1.61

Entry

$219.83

Stop

$236.83

Target

$192.39

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

Market participants tracking Honeywell should note the latest formation. With a last close of $233.24, volatility remains active (-0.17%). Algorithmically, a Descending Triangle structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $219.83, targeting $192.39 with support near $236.83 (R:R 1.61).

Community Sentiment

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Pattern Peers

Cl Descending Triangle Kdp Descending Triangle Ada Descending Triangle Chtr Descending Triangle Xtz Descending Triangle